MINING & RETAIL

Mnangagwa pens $5 billion mining deal

PRESIDENT Emmerson Mnangagwa's government has inked what it has termed a major mining investment deal with Chinese company, Tsingshan Holdings.The deal, signed by Mines minister Winston Chitando and T...

By Staff reporter | Published: 24 April 2019

MINING & RETAIL

Zimbabwe targets US$4bn in mining exports

Zimbabwe is this year targeting a 28 percent increase in mineral export earnings as the sector gears towards Vision 2030 target of an annual haul of US$12 billion per annum by 2023. Zimbabwe last year...

By Staff reporter | Published: 24 April 2019

MINING & RETAIL

Mining sector to meet Chitando over forex allocation

MINE workers and the Chamber of Mines have agreed to approach the government and table a request for the sector to get at least 80% of their foreign currency earnings, businessdigest has learnt.This c...

By Staff reporter | Published: 19 January 2019

BUSINESS NEWS

Mnangagwa says 'Mining, tourism to anchor recovery in 2019'

President Emmerson Mnangagwa yesterday promised that 2019 would be a much better year for Zimbabweans, pinning economic revival on the growth of tourism and new mining projects."I am confident that th...

By Staff reporter | Published: 01 January 2019

MINING & RETAIL

Mnangagwa commissions diamond mining plant

President Mnangagwa yesterday commissioned a Zimbabwe Consolidated Diamond Company (ZCDC) crushing plant here, marking the country's transition from alluvial to conglomerate diamond mining as he warne...

By Staff reporter | Published: 21 December 2018

MINING & RETAIL

2018 mining output up

ZIMBABWE'S mining sector improved production in 2018, with average capacity utilisation going up to 75 percent from 71 percent in 2017, an industry report released this week shows. However, this was i...

By Staff reporter | Published: 22 November 2018

MINING & RETAIL

Bilboes seeks to expand operations

A LOCAL privately-owned gold mining and exploration concern, Bilboes Holdings is seeking to expand its operations as it moves to ramp up its mineral production.Bilboes Holdings chief executive officer...

By Staff reporter | Published: 09 September 2018

MINING & RETAIL

New mining status costs Zimplats

ZIMPLATS, the country's largest platinum miner, says its profits declined by 94 percent in the year to June 2018 after the company changed its status from a special mining lease (SML) holder to mining...

By Staff repporter | Published: 06 September 2018

MINING & RETAIL

Mnangagwa urges sensitivity in mining operations

PRESIDENT Emmerson Mnangagwa has urged mining companies to adhere to the country's environmental laws to avoid land degradation and environmental pollution during their operations.Speaking during the ...

By Staff reporter | Published: 25 July 2018

INDUSTRIALS & ENERGY

Govt, steel firm sign coal mining pact

Government yesterday signed a special coal mining grant with iron and steel company Steelmakers that will allow the firm to invest $120 million on expanding its production. With iron and steel plants ...

By Staff reporter | Published: 25 July 2018

BUSINESS NEWS

Mnangagwa dares mining firms

Government is working on a framework that will see all big mining companies in the country returning to full production to enhance their contribution to the fiscus and employment creation, President M...

By Staff reporter | Published: 19 July 2018

MINING & RETAIL

12 mining firms granted prospecting orders

The Mines and Minerals ministry has granted eight mining companies with exclusive prospecting orders for a period of three years while four companies have been granted special grants for the same peri...

By Staff reporter | Published: 16 July 2018

MINING & RETAIL

Mining companies exempted from paying wage increment

THIRTY mining companies have successfully applied to be exempted from paying the 2018 minimum wage increment amid viability concerns.The Chamber of Mines and the Associated Mineworkers' Union of Zimba...

By Staff reporter | Published: 06 July 2018

MINING & RETAIL

Blythdale Mining sues supplier for $26,000

BULAWAYO-BASED mining company, Blythdale Mining Services, has approached the High Court seeking an order compelling Kwekwe-based Sheafta Mining to reimburse it for equipment which the latter failed to...

By Staff reporter | Published: 29 June 2018

MINING & RETAIL

Forex crisis hits Hwange underground mining

RESUMPTION of underground mining operations at Hwange Colliery Company Limited (HCCL) has been affected by the foreign currency shortages crippling the country, a report by Parliament has indicated.In...

By Staff reporter | Published: 22 June 2018

MINING & RETAIL

Rushwaya takes over mining leadership

SHANGHANI Gold Miners' Association executive member, Ms Henrietta Rushwaya, is set to take over as new Zimbabwe Miners' Federation (ZMF) president tomorrow after she successfully filed her nomination ...

By Staff reporter | Published: 13 June 2018

MINING & RETAIL

Zimbabwe to roll out Command Mining

Government is introducing Command Mining for Zimbabweans to fully participate in the exploitation of the country's mineral resources while contributing to economic development, Vice President Constant...

By Staff reporter | Published: 08 June 2018

MINING & RETAIL

Govt shelves mining fees for small scale miners

Small scale miners got a reprieve after Government temporarily shelved mining fees levied on them as part of efforts to formalise the sector and increase production.President Mnangagwa announced this ...

By Staff reporter | Published: 06 June 2018

OPINION

Zimbabwe's mining sector illicit financial flows

Soon after his inauguration the President of Zimbabwe Emmerson Mnangagwa announced that he has a list of individuals and corporates that has been externalizing money and assets and granted them a thr...

By Davison Kaiyo | Published: 31 May 2018

MINING & RETAIL

'Govt violated mining law,' says Chitando

THE Ministry of Mines has been violating an important mining legislation on the protection of precious mining titles resulting in miners using cash to renew titles, Mines Minister Winston Chitando has...

By Staff reporter | Published: 24 May 2018

MINING & RETAIL

Mining speculators invade Great Dyke

THE politically well-connected Cypriot Pouroulis family - which is close to President Emmerson Mnangagwa - and is associated with speculation in mining has hit the jackpot in Zimbabwe.After clinching ...

By Staff reporter | Published: 24 May 2018

MINING & RETAIL

Mining sector to grow by 10% this year

THE Chamber of Mines of Zimbabwe (CoMZ) has projected the mining sector to grow by 10 percent this year, on the back of an 8,5 percent expansion last year, driven by improved mineral production and pr...

By Staff reporter | Published: 22 May 2018

MINING & RETAIL

'Mines need $11 billion investment to modernise'

ZIMBABWE needs up to $11 billion to modernise its mines and boost production to maximum capacity over the next five years, the head of the country's Chamber of Mines said last Friday.Foreign investor ...

By Reuters | Published: 21 May 2018

MINING & RETAIL

'Zim mining firms not forced to list on ZSE'

GOVERNMENT will not compel mining companies in the country to list on the Zimbabwe Stock Exchange as such policy perspective is not in line with the vision of the new dispensation, a Cabinet minister ...

By Staff reporter | Published: 21 May 2018

POLITICS

New board of directors for mining parastatals

Government says it will soon announce a new board of directors for mining parastatals and has committed itself to ensure that Zimbabwe Mining Development Corporation (ZMDC) assets are utilised for the...

By Staff reporter | Published: 19 May 2018
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